Bridgewater Advisors Inc. Reduces Holdings in Vanguard California Tax-Exempt Bond ETF $VTEC

Bridgewater Advisors Inc. decreased its position in shares of Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) by 59.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 4,407 shares of the company’s stock after selling 6,534 shares during the quarter. Bridgewater Advisors Inc.’s holdings in Vanguard California Tax-Exempt Bond ETF were worth $438,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Spire Wealth Management raised its stake in Vanguard California Tax-Exempt Bond ETF by 250.0% in the 4th quarter. Spire Wealth Management now owns 350 shares of the company’s stock valued at $35,000 after acquiring an additional 250 shares during the period. Advisory Services Network LLC bought a new position in Vanguard California Tax-Exempt Bond ETF during the third quarter worth about $41,000. WFA of San Diego LLC bought a new position in Vanguard California Tax-Exempt Bond ETF during the second quarter worth about $58,000. Golden State Wealth Management LLC increased its stake in shares of Vanguard California Tax-Exempt Bond ETF by 39.6% in the fourth quarter. Golden State Wealth Management LLC now owns 705 shares of the company’s stock worth $71,000 after purchasing an additional 200 shares in the last quarter. Finally, Cherry Tree Wealth Management LLC purchased a new position in shares of Vanguard California Tax-Exempt Bond ETF in the fourth quarter worth about $80,000.

Vanguard California Tax-Exempt Bond ETF Price Performance

BATS VTEC opened at $98.59 on Friday. The company’s 50 day moving average is $99.83 and its 200-day moving average is $100.17. Vanguard California Tax-Exempt Bond ETF has a 12-month low of $96.51 and a 12-month high of $101.90.

Vanguard California Tax-Exempt Bond ETF Company Profile

The Vanguard California Tax-Exempt Bond ETF (VTEC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of tax-exempt investment grade debt issued by California governments and agencies. VTEC was launched on Jan 30, 2024 and is issued by Vanguard.